WIOCC Group, a pan African carrier neutral digital infrastructure platform, has secured a combined $300 million investment from the Africa Finance Corporation (AFC) and Vision International Investment Company (Vision Invest) to accelerate its expansion across the continent.
The investment follows the signing of a Shareholder Subscription Agreement (SSA) between WIOCC and the two investors at the LEAP 2026 Global Technology exhibition in Riyadh, Saudi Arabia on Tuesday.
WIOCC is the parent company of Open Access Data Centre (OADC) a leading data centre operator in Nigeria.
What they are saying
WIOCC said the funding will support its long-term strategy to develop and operate open access digital infrastructure across Africa, including data centres, terrestrial fibre networks and subsea cable assets.
Group Chief Executive Officer of WIOCC Group, Chris Wood, said the investment would enable the company to accelerate its infrastructure development programme.
- “Africa is uniquely positioned to capitalise on the next phase of global digital growth. As demand for cloud, AI and digital services accelerates, robust and scalable infrastructure will be essential to unlocking the continent’s potential,” Wood said.
He said the funding would support the acceleration of data centre deployment and consolidation, expansion of WIOCC’s open access terrestrial fibre footprint and strategic investments in new subsea assets.
Commenting on the investment, President and Chief Executive Officer of AFC, Samaila Zubairu, said digital infrastructure had become as important to economic development as transport and energy infrastructure.
- “The Africa we build must be connected, competitive and equipped to create value from the digital economy, not only consume it,” Zubairu said.
He said fibre networks, data centres and subsea…
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